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FINANCE SECRETARY DONALD TSANG GESTURES IN COUNCIL, 1997-03-12 (photo)

IMAGE number
REU7950503
Image title
FINANCE SECRETARY DONALD TSANG GESTURES IN COUNCIL, 1997-03-12 (photo)
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Medium
photograph
Date
1997 AD (C20th AD)
Shooting Date
1997-03-12
Image description

Hong Kong's Finance Secretary Donald Tsang (R) waves before delivering the 1997/98 budget speech in the British colony's Legislative Council March 12. Hong Kong is speeding towards its destiny as part of China cushioned by a windfall surplus of HK$15.1 billion (US$1.95 billion), but Tsang resisted temptation to indulge in a give-away budget. Tsang kicked off the annual budget speech on Wednesday by reminding Hong Kong and the international community that capitalism and not communism would prevail when the territory becomes a Special Administrative Region of China on July 1. At left is Attorney-General Jeremy Mathews. HONGKONG BUDGET

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REUTERS / Bridgeman Images
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